ED Summons KT Rama Rao in Formula-E Money Laundering Case

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Hyderabad: The Enforcement Directorate (ED) has summoned former Telangana minister and Bharat Rashtra Samithi (BRS) working president KT Rama Rao to appear before them on January 7 in connection with a money laundering case linked to alleged financial irregularities during the Formula-E race held in Hyderabad in February 2023.

In addition to KTR, the ED has issued summons to senior IAS officer Arvind Kumar and former Hyderabad Metropolitan Development Authority (HMDA) chief engineer BLN Reddy, who are also connected to the case. Kumar is required to appear on January 2, while Reddy has been summoned for January 3.

On Friday, the Telangana High Court postponed the hearing of KTR’s petition to quash the FIR filed by the Anti-Corruption Bureau (ACB) in relation to the Formula-E race issue. The court had previously instructed the ACB not to arrest KTR until December 30. BRS leader’s counsel filed a reply against the ACB’s plea to revoke the court’s earlier order. The next hearing has been scheduled for December 31.

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